NOT LISTED FOR SALE

220 Summit Ave Oconomowoc, WI 53066

Estimated Value: $305,000 - $355,000

3 Beds
2 Baths
1,038 Sq Ft
$317/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $325,000 $313 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,943/month

40 Days on Market

Highlights

  • Main Floor Bedroom
  • Farmhouse Style Home
  • 2 Car Detached Garage
  • Park Lawn Elementary School Rated A
  • Fenced Yard
  • 4-minute walk to City Beach Park

About This Home

As of November 2024

Nicely updated 3BR farmhouse in an outstanding location near downtown Oconomowoc! Enjoy a large private fenced-in back yard. Exterior updates includes a new front porch, roof, and gutters. Main level offers refinished hardwood floors. Large open kitchen area has appliances included. Living room with plenty of windows and natural light. One bedroom with large walk-in closet on main level. Upper level features 2 bedrooms and a full bath with shower over claw-foot tub. Mud room off back entrance. Lower level is partially finished a walkout to back yard. Back yard features mature trees, patio area, firepit area, and plenty of parking space. Plenty of recent years updates appliances, some windows, and more. Short walk to downtown Oconomowoc! Seller offering HSA Home Warranty ($520 value)!

Last Agent to Sell the Property

Paul Liebe

Lake Country Flat Fee Brokerage Email: info@lakecountryflatfee.com License #51587-90 Listed on: 09/06/2024

Last Buyer's Agent

Tony Wendorf & Associates Team*

Keller Williams Realty-Lake Country License #84954-94

Keller Williams Realty-Lake Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,780

Lot Details

  • 9,583 Sq Ft Lot
  • Fenced Yard

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Farmhouse Style Home
  • Vinyl Siding

Interior Spaces

  • 1,038 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Patio

Schools

  • Oconomowoc High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Exclusions: Water softener is rented
  • Assessor Parcel Number OCOC0563268

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,780

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Single-Family
  • Lot Size Acres: 0.22
  • Inclusions: Oven/range, refrigerator, dishwasher, microwave, washer, dryer
  • Directions: North side of Summit Ave. near Cross St.
  • Architectural Style: Farm House
  • Garage Yn: Yes
  • Unit Levels: 2 Story
  • Attribution Contact: info@lakecountryflatfee.com
  • Property Information:Est Total Sq Ft: 1038
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Oven, Range, Refrigerator, Dishwasher, Microwave, Washer, Dryer
  • Accessibility Features: Bedroom on Main Level
  • Has Basement: Full, Walk Out/Outer Door, Partially Finished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Wood Floors, Simulated Wood Floors

Exterior Features

  • Lot Features: Fenced Yard
  • Exclusions: Water softener is rented
  • Construction Type: Vinyl
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Parking Features: Paved, Parking Space
  • Garage Type: Detached

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Oconomowoc Area
  • High School: Oconomowoc

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Parcel #: OCOC0563268

Tax Info

  • Tax Annual Amount: 2780
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Nov 15, 2024
Sold by
Strauss Ronald P and Strauss Jennifer L
Bought by
Gangnon Staci
Seller's Agent
Paul Liebe
Lake Country Flat Fee
Buyer's Agent
Tony Wendorf & Associates Team*
Keller Williams Realty-Lake Country
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%
Views
177
Current Estimated Value
$328,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,716
Avg. Annual Appreciation
0.97%
Original Mortgage
$260,000
Outstanding Balance
$256,734
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$71,982

Purchase Details

Closed on
May 13, 2013
Sold by
Bank Of America Na
Bought by
Secretary Of Hud

Purchase Details

Closed on
Apr 9, 2013
Sold by
Maccluskey Robert and Maccluskey Michelle
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 19, 2009
Sold by
Maccluskey Michelle
Bought by
Maccluskey Robert and Maccluskey Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,184
Interest Rate
5.05%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 2006
Sold by
Binkelman Matthew and Binkelman Deana Mustas
Bought by
Maccluskey Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,800
Interest Rate
8.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 10, 2000
Sold by
Dejanovich Michael J and Dejanovich Susan M
Bought by
Binkelman Matthew and Mustas Deana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2000
Sold by
Wisconsin Housing & Economic Development
Bought by
Dejanovich Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
7.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 1999
Sold by
Myers Jay H
Bought by
Wisconsin Housing & Economic Development

Purchase Details

Closed on
Feb 29, 1996
Sold by
Daniels James K and Daniles Susan K
Bought by
Myers Jay H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,650
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gangnon Staci $325,000 Main Street Title Llc
Secretary Of Hud -- None Available
Bank Of America Na -- None Available
Maccluskey Robert -- 1St Service Title & Closing
Maccluskey Michelle $141,000 Milwaukee Title Closing Serv
Binkelman Matthew $99,000 --
Dejanovich Michael J -- --
Wisconsin Housing & Economic Development -- --
Myers Jay H $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gangnon Staci $260,000
Previous Owner Maccluskey Robert $159,184
Previous Owner Maccluskey Michelle $114,800
Previous Owner Binkelman Matthew $96,000
Previous Owner Dejanovich Michael J $80,750
Previous Owner Myers Jay H $63,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2024 11/15/24 Sold $325,000 +2.3% $313 / Sq Ft
10/07/2024 10/07/24 Price Changed $317,700 -2.8% $306 / Sq Ft
10/01/2024 10/01/24 Price Changed $327,000 -3.5% $315 / Sq Ft
09/28/2024 09/28/24 Price Changed $339,000 -3.1% $327 / Sq Ft
09/06/2024 09/06/24 For Sale $349,900 -- $337 / Sq Ft
Source: Metro MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,889 $271,200 $99,300 $171,900
2023 $2,781 $250,300 $99,300 $151,000
2022 $3,124 $231,000 $99,300 $131,700
2021 $2,704 $203,800 $99,300 $104,500
2020 $2,421 $141,400 $51,700 $89,700
2019 $2,324 $141,400 $51,700 $89,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1890369

Metro MLS

APN: OCOC-0563-268